One dead, one in custody after Albany stabbing

Update: Police are announcing the arrest of the alleged killer in Wednesday’s stabbing. Here is their announcement:

Carl Taylor was arrested early this morning for Murder 2nd and Criminal Possession of a Weapon 3rd in connection with the stabbing death of a 28 year old Bradford Street man. The incident occurred shortly after 6:00 PM last night. According to witnesses the defendant and victim were involved in a argument out in the street. The suspect went back inside his house and then came back out and stabbed the victim with an unknown object in the chest.

The victim fell to the ground and the suspect ran off. When police arrived they found the victim on the ground. He was treated by paramedics on the scene and transported to Albany Medical Center where he later died in the emergency room. The defendant was located later in the evening and was brought to the Detective Division. He will be arraigned this morning in Albany City Criminal Court. He is currently on parole. At this time it is unclear what the two men were arguing about.

The victim, whose name is not being released pending complete notification of his family, lived next door to the defendant.

EARLIER: Albany detectives are investigating the city’s second homicide this year.